"It's a big mess and people are totally confused - all buyers prefer to import on a CFR basis as it's easy," a steel trader said.

Vietnam's consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).

The IIP decreased by an estimated 1.6 percent compared to last month.

The agency’s views are based on its study of 38 listed and unlisted Indian steel companies.

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

French Government Threatening to Block Jingye Deal for British Steel.

The decrease is 0.1 percentage point greater than expected.

China can achieve the twin goals of net-zero carbon emissions and becoming a fully developed economy by 2050, according to a new report.